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The Death of American Populism
by Stephen Lendman
Ideologically it believes governments must provide for the greatest good for the greatest number of people. It opposes concentrated wealth, demagogy, and despotism, and supports democracy, human and civil rights, and social justice - an ideology the 19th century People's Party and 20th century Progressive Party endorsed without majorities.
Until recently, faint echoes remained, sadly silenced after Senator Bernie Sanders and sole House populist capitulated.
PermalinkChris Dodd's wife and derivatives trading - "all in the family"
It’s all in the family! Senator Chris Dodd writes a financial reform bill but forgets to regulate derivatives, “financial weapons of mass destruction.” Then we find out that his wife works for the owners of two exchanges that will very likely benefit from Dodd's “reform” legislation.
They make the rules. They take the money, all of it, and leave us with debt. And they tell us it’s all legal.
Here’s the story.
America's "Houdini Recovery" under IMF-Type Austerity
by Stephen Lendman
It's what economist David Rosenberg calls recovery given plenty of supportive evidence, including:
-- over five million homeowners behind on their mortgage payments;
-- at record levels, foreclosures are alarmingly high; moreover, "the foreclosure pipeline is enormous;"
-- "housing, the quintessential leading indicator," turning lower again in starts, sales and prices;
Why We Reform
By PAUL KRUGMAN
One way or another, the fate of health care reform is going to be decided in the next few days. If House Democratic leaders find 216 votes, reform will almost immediately become the law of the land. If they don’t, reform may well be put off for many years — possibly a decade or more.
So this seems like a good time to revisit the reasons we need this reform, imperfect as it is.
As it happens, Reuters published an investigative report this week that powerfully illustrates the vileness of our current system. The report concerns the insurer Fortis, now part of Assurant Health, which turns out to have had a systematic policy of revoking its clients’ policies when they got sick. In particular, according to the Reuters report, it targeted every single policyholder who contracted H.I.V., looking for any excuse, no matter how flimsy, for cancellation. In the case that brought all this to light, Assurant Health used an obviously misdated handwritten note by a nurse, who wrote “2001” instead of “2002,” to claim that the infection was a pre-existing condition that the client had failed to declare, and revoked his policy.
Dodd's Dud
By Robert Oak - Economic Populist Posted by Michael Collins
You may be wondering why you haven't seen a post overview on the latest Senator Dodd's Financial Reform Bill, Restoring American Financial Stability Act of 2010 (link has legislative summary and text). That's because, as usual, it's a dud.
The Armenian, Assyrian and Greek Genocides: An Inconvenient Truth
By Lucine Kasbarian
Recent articles in the mainstream media would have us believe that governments around the world somehow question the factuality of the 1915 Armenian, Assyrian and Greek genocides committed by Turkey. These articles would also have us believe that the Turkish government’s latest temper tantrums over these genocides are justified. Turkey, of course, just recalled its ambassadors to protest the passage of resolutions by the U.S. House of Representatives’ Foreign Affairs Committee and the Swedish Parliament that acknowledged Turkish culpability for these genocides.
Despite what today’s mainstream media are declaring, the evidence proving the 1915 genocides is overwhelming. And formal resolutions affirming these unpunished crimes against humanity made appearances around the world long before 2010. Regardless of what pro-Turkish apologists would have us believe, the issue has never been about whether the Turkish regime carried out genocide. Rather, it has always been about when Turkey would be punished and deliver reparations and restitution to the rightful, indigenous inhabitants.
The Lawfare Project's Anti-Democratic Agenda
by Stephen Lendman
Its web site (thelawfareproject.org) calls Lawfare:
"The use of the law as a weapon of war."
Fact Check
Provided they contradict no others, laws are sacrosanct, especially fundamental international ones like the UN Charter, Four Geneva Conventions, their Common Article 3, the Rome Statute, Nuremberg Tribunal and judgment, Genocide Convention, Universal Declaration of Human Rights, and many others - ones Israel and America are sworn to uphold but consistently violate with impunity.
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